Nope, have a read of those links. Also when banks create this gets credited to other banks. And they lend and that, on average gets credited to their bank. The

Nope, have a read of those links. Also when banks create this gets credited to other banks. And they lend and that, on average gets credited to their bank. The system bootstraps itself. Lending is only constrained by willingness to borrow, and in the new financialised world only playing money games gets you rich. Read the links.